If you are looking to get cash now I would move forward with a delayed finance.If you are looking to pull out the most amount of money possible, I'd look at a cash out refinance.Another option would be to do a bridge delayed finance, pull out some cash now, then refinance again 6 months down the line when the seasoning period is up.I would love to connect and share some ideas as I am working a couple similar loans as is right now.

I have a policy that cost me 50k for 10 years then normal builders liability that cost me another 50k per year.. my agent is telling me that if I dont have current policy say 3 years down the line the 50k per year wont kick in because i dont have a current policy.. the 50k i spent on the 10 year is just basically for litigation defense.. your thoughts on the matter. ?? 

Hey Jalen, can't speak specifically to MKE though I'm just below the state line in Chicago and can confirm there are ample 2-4-unit properties in the area in need of renovating.One trick with BRRRR investing is to pay a large down payment (30%+) to boost monthly cash flow.

Utilities (WA state) have figured out its easier to squeeze the owner than chase down a deadbeat. 

The one I used was the University of Michigan Credit Union.The loan to value is lower on investment property but if you have a strong equity position it makes sense.Then, the blended rate between your HELOC and primary loan is still better than the rate on a cash out refinance.Plus, the HELOC is flexible and can be used over and over if you pay it down and you have no payments until you use it.Dry powder waiting for the right opportunity.To Your Success!

You can have Home Owners and Flood Insurance and the Big Bad Wolf will blow your house down and then, you need to pay a lawyer to try to collect damages from Insurance who may never pay you. 

. - My wife and I have very good jobs and I have no doubt we will always pay our dues to the seller, even if the property doesn't rent for 3 years- The seller (an LLC) has done multiple Contract for Deeds and has their process down.

You can do this by getting call lists from sites such as PropStream or driving for dollars, writing down the addresses, and looking up the owners in the public database.

Hands down, go to real estate meetups in your area.

We did a lot of the labor ourselves with this one to keep our basis down and give us multiple exit strategies.